Bell to Build Canada’s Largest AI Data Centre in Saskatchewan in Major BCE Investment
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BCE ( (TSE:BCE) ) has issued an announcement.
Bell Canada is partnering with the Government of Saskatchewan to build a 300 MW AI-focused data centre in the Rural Municipality of Sherwood near Regina, marking Bell’s largest-ever investment in the province and the largest purpose-built AI data facility in Canada. The project, tied to Bell’s AI Fabric strategy and supported by SaskTel’s fibre backbone, is designed to expand domestic AI compute capacity and provide sovereign AI services that keep sensitive data within Canada.
The development is expected to generate up to $12 billion in economic value for Saskatchewan through construction and permanent jobs, tax revenues and broader community benefits, including potential 750 induced local positions. With tenants Cerebras and CoreWeave secured to deliver high-performance AI training and inference on advanced hardware, the facility will anchor a regional AI hub, integrate sustainable cooling and waste-heat reuse, support Indigenous procurement, and foster collaborations with local postsecondary institutions and public-sector AI projects.
Bell also updated its medium-term financial guidance targets and 2025–2028 outlook, signalling the strategic importance of AI infrastructure to its growth plans. The initiative positions Saskatchewan at the centre of Canada’s AI-driven economic expansion while enhancing Bell’s competitiveness in enterprise AI services and strengthening the national AI ecosystem for governments, researchers and enterprises.
The most recent analyst rating on (TSE:BCE) stock is a Buy with a C$39.00 price target. To see the full list of analyst forecasts on BCE stock, see the TSE:BCE Stock Forecast page.
Spark’s Take on BCE Stock
According to Spark, TipRanks’ AI Analyst, BCE is a Neutral.
The score is anchored by a mixed financial profile—durable operating cash flow but meaningful leverage and a weakening recent free-cash-flow trend. Technicals are supportive with price above key moving averages and positive MACD, and valuation is a clear positive with a low P/E and high dividend yield.
To see Spark’s full report on BCE stock, click here.
More about BCE
BCE Inc., through its Bell Canada unit, is a leading Canadian telecommunications and technology provider offering national fibre connectivity, enterprise network services and AI-powered solutions. The company is increasingly focused on large-scale data infrastructure and artificial intelligence compute, targeting government, research and commercial customers across Canada.
YTD Price Performance: 7.18%
Average Trading Volume: 3,735,300
Technical Sentiment Signal: Buy
Current Market Cap: C$32.72B
Learn more about BCE stock on TipRanks’ Stock Analysis page.
